Equilibrium price

From CNM Wiki

Jump to: navigation, search

Equilibrium price is the price where quantity demanded is equal to quantity supplied.

Definition

According to Principles of Economics by Timothy Taylor (3rd edition),

Equilibrium price. The price where quantity demanded is equal to quantity supplied.

Retrieved from "https://wiki.cnmcyber.com/w/index.php?title=Equilibrium_price&oldid=47629"